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Blacksnake, you can make your DRYS money back here.
That would make us jump.
Up in premarket. It is trying SO hard to get out of this rut.
I know that, but dragon says he owns all the assets.
That is a poor answer. I guess you have no proof.
How exactly does GE own all the assets (and debt is unsecured)?
Thanks ash. Looking forward to earnings. I am guessing $.15. Do you a guess?
Don't buy until they cancel the Kalani deal.
What do you know?
Will SB be the next shipping stock to be upgraded?
A lot of familiar names here from DRYS.
I like that SB is not overaggressive in buying new ships.
They got 2 new trucking contracts plus a quarter of "full roll out" of new system in December(according to CEO comments).
Small float and making money. Recipe for an explosion.
I am embarrassed to say I did not know they were not on NASDAQ.
After reading last quarter CEO comments, earnings should be great.
I bought some here this last week.
Just got in Friday. I hope to make my money back here from my bad investment in Dryships.
Hard to figure a NAV. Kind of secretive with their purchases.
They have approval for one, just haven't announced it yet. Being under $1, it will be coming or get delisted.
Hey LNS, your idea may be happening.
Odd that they haven't given us any rs numbers yet.
Yes, someone with knowledge about Wall St (like you) should start a class action suit.
And he's spreading this system to other stocks like Tops and Diana. It needs to be stopped. Loophole closed.
Look at TOPS. Closed below $1 today with same financier, Kalani.
Lucky me. Right when I took a position.
This is not normal. Usually a "group" will come in, run it up, then get out, all within a few days. This has been a sneaky accumulation.
If they'd lay off the shares at the ask. I'd be very happy at a penny.
Brilliant deduction!
While you're at it, can you give me a link showing GE owns 51% of TOPS? Thanks in advance.
So you don't think 16-20% of the daily volume will be the Kalani shorting?
Please explain how that helps.
I doubt it. Kalani has already started their "short now, cover later with gifted shares" campaign. If you are right, I will gladly apologize.
I thought you were going to take legal action.
With all the lawsuits against other companies, I am surprised we don't have one going on here.
FWIW, I filed an sec complaint this evening. Category: Ponzi scheme, for announcing a dividend to help drive up the price, then selling shares in to the market to pay for the dividend.
One of ORIG creditors, Highland, may try to stop ORIG bankruptcy, citing GE using DRYS and ORIG as his piggybank, shifting money back and forth, high management fees to GE entities, etc.
And what would a "shareholder friendly initiative" be?
But it appears nothing can be done. Interesting it hasn't gone down much from opening price. It would sure help if GE bought a few shares. And this is just round one?
I am guessing 300m